Plan Ledger DOL Form 5500 · updated monthly

Stoneridge, Inc.401(k)

STONERIDGE INC. 401(K) RETIREMENT PLAN · NOVI, MI · plan year 2024

Reported admin expense ratio · 2024
0.15%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Stoneridge, Inc. reported $163,862 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $2,416 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.152%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 259th-largest of 2,619 plans among Michigan employers on file, and the 1,750th of 13,661 in manufacturing. In 2024, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$112,274,349
Participants with balances833
Active participants678
Employer contributions$1,637,966
Employee contributions$3,838,699
Employer contribution per active participant$2,416
Average account balance$134,783
Benefits paid to participants$13,621,654
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$112.3M · 833 accts · $1.6M emplr
2023$103.3M · 862 accts · $1.6M emplr
2022$91.5M · 878 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,811
Investment management$65,257
Trustee / custodial$32,794
Total administrative$163,862
The Stoneridge, Inc. 401(k) match · 2024
Employer contribution per active participant$2,416
Median for plans this size$3,635
2024$2,416 per active participant
2023$2,384 per active participant
2022$2,230 per active participant

Stoneridge, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
NEWPORT GROUP, INC. · Recordkeeping$65,811
MORGAN STANLEY & CO. INC · Investment advisory (plan)$65,257
NEWPORT TRUST COMPANY · Trustee$32,794

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$163,862 · 0.15%
2023$144,268 · 0.15%
2022$154,697 · 0.15%
Same employer
Similar plansManufacturing · Michigan
Graham Health Services, LLC MI$117.3M · 0.42%
Summit Polymers, Inc. MI$116.7M · 0.03%
Landscape Forms, Inc. MI$113.0M · 0.05%
Gerdau Macsteel, Inc. MI$112.9M · 0.06%
Midway Products Group, Inc. MI$112.2M · 0.07%
Kalsec, Inc. MI$111.3M · 0.05%
The Woodbridge Group MI$111.3M · 0.24%
The Shyft Group, Inc. MI$109.2M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341598949 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.